1. Read chapter 13: Monetary Policy, in your textbook, page 277 (Boyes & Melvin, 10^th ed). 2. Read the following resources:

-What is the Fed and its role in the U.S. economy? http://www.frbsf.org/education/teacher-resources/what-is-the-fed http://www.federalreserve.gov/pf/pf.htm -Open Market Operation/OMO http://www.newyorkfed.org/aboutthefed/fedpoint/fed32.html -Federal Open Market Committee/FOMC http://www.federalreserve.gov/monetarypolicy/fomc.htm -Students Mock Federal Open Market Committee Meeting Presentation http://www.youtube.com/watch?v=jlGhs4X_vJA&list=SP7D1E1A1E47C3C8B3&index=5&feature=plpp_video -Monetary Policy Implementation http://www.frbsf.org/education/activities/chairman/